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Low cost firms - PowerPoint PPT Presentation

agecon.ksu/livestock

For Updated Livestock Marketing Information Visit the K-State Livestock & Meat Marketing Web Site. www.agecon.ksu.edu/livestock. Dealing With Market Consolidation. James Mintert, Ph.D. Professor & Extension Ag. Economist, Livestock Marketing Dept. of Agricultural Economics

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710 views • 58 slides

Oligopoly

Oligopoly. Cartel. Cartel. Oligopoly is conducive to collusion If a few firms face identical or highly similar demand and costs ... They will seek joint profit maximization. Incentives for Collusion. Decrease competition, achieve monopoly-like behavior Decrease uncertainty

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507 views • 29 slides

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Low cost firms - PowerPoint PPT Presentation

agecon.ksu/livestock

Oligopoly